Offshore Wealth Management Market: Trends, Growth, and Opportunities
Offshore wealth management refers to the strategies and services offered to individuals and businesses to manage their financial assets in countries other than their own. By leveraging the financial infrastructure of foreign jurisdictions, investors can benefit from tax advantages, privacy, and a diverse range of investment opportunities. The offshore wealth management market has seen significant growth in recent years, driven by globalization, the rise of high-net-worth individuals (HNWIs), and increasing demand for asset protection.